Kraken Announces a List of New Developments regarding Mt Gox, DAO and Namecoin

Kraken Announces a List of New Developments regarding Mt Gox, DAO and Namecoin

Kraken has announced some of the major changes in the Cryptocurrency industry, including an update on Mt Gox investigation, Namecoin, and support for DAO. It is good news for the victims of Mt Gox collapse as they might be seeing their long-lost bitcoins once again. Kraken, one of the leading bitcoin exchanges has recently announced that it will be distributing bitcoin to many of those who had lost their digital currency holdings during the Mt Gox collapse. The company had announced the news few days ago in a press release. While the platform has not specified any dates for the....

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Why Namecoin Didn't Take Off: A Cautionary Tale

Michael Dean is host of the Freedom Feens podcast, but more importantly, he was one of the earliest (and loudest) advocates of Namecoin as a decentralized DNS system. But according to Dean, Namecoin has not taken off as he'd hoped, nor will it ever. Why? “It's a pity, because these guys are all absolutely brilliant computer scientists, but they have zero idea how to spread something and get adoption.” Dean told CoinTelegraph where he thinks Namecoin went wrong, what developers of other crypto projects should learn from their mistakes, and his own idea of a decentralized DNS alternative.

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Just prior to the height of the holiday spirit, Namecoin developers got a special surprise in their wallets courtesy of not-so-secret Santa, Discus Fish. Also known as F2Pool, Discus Fish provided the developers with 20,000 Namecoins to fund a reimplementation based on mainline Bitcoin. According to the developer blog, Christmas officially came early for Namecoin. "What's more is that chief Namecoin scientist Daniel Kraft has been working so hard that the code is already usable! Indeed, Discus Fish has been using it in production for a few weeks." The code is still in the experimental....